On March 12, 2009, after being expeditiously passed by both
Houses of Parliament, Bill C-10 received Royal Assent and is now
law.
For details on the key changes to the Competition Act
and Investment Canada Act provided for in Bill C-10,
please refer to our February 2009 bulletin, "Dramatic Changes
to Canada's Competition and Foreign Investment Review Laws
Proposed in Bill C-10", http://www.fasken.com/acm_bulletin_february2009/.
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In light of this development, we are recommending the
following:
- Businesses should review and appropriately revise their pricing
policies in light of the decriminalization of price discrimination,
predatory pricing, discriminatory promotional allowances and resale
price maintenance, effective immediately. Henceforth, price
discrimination, predatory pricing and discriminatory promotional
allowances will only be problematic where they amount to an abuse
of market power. Resale price maintenance will be subject to review
where it is